Date: 9 months ago   Category: Finance

The Central Bank cancelled licenses at two banks — Rambler News Service


Photo: ALEXEY BYCHKOV/Global Look Press the Bank of Russia since September 21, 2018 cancelled the license for banking operations at Mikhaylovsky Promzhilstroybank ("Mikhaylovsky PZhSB") from the city of Mikhaylovka of the Volgograd region and at the Moscow Grand Invest of Bank, follows from messages of the Central Bank. The license is cancelled because authorized bodies of the specified credit institutions have made the decision on the termination of activity as voluntary elimination and have sent the corresponding petitions to the Central Bank. "Proceeding from the reporting data presented to the Bank of Russia, the credit institution has sufficient property for meeting requirements of creditors" — notes the regulator concerning both banks. "Mikhaylovsky PZhSB" and Grand Invest Bank are participants of a deposit insurance system. As of September 1, 2018 banks, according to data of the reporting, in size of assets took respectively the 458th and 335th place in a banking system of Russia.

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